Broncos release CB Champ Bailey (Yahoo Sports)

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The Denver Broncos say they have released cornerback Champ Bailey after 10 seasons with the team. Broncos boss John Elway called the decision ''difficult.'' He added that Bailey's ''among the best cornerbacks to ever play the game and one of the finest players in the history of the Broncos.'' Bailey has been a fan favorite since his arrival in the Mile High City in 2004, when he was acquired from Washington. The 15-year veteran mentored many teammates, teaching them the tricks of the cornerback trade.

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